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Category: News
Volume: 21
Issue: 4
Article No.: 2863

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ARIBA TO ACQUIRE SUPPLIERMARKET.COM

Ariba, Inc.announced that it has signed a definitive agreement to acquire privately-held SupplierMarket.com, a leading provider of online collaborative sourcing technologies that allow buyers and suppliers of direct and indirect materials to locate new trading partners, negotiate purchases and collaborate on the Internet.

SupplierMarket.com is a leader in Internet-based collaborative sourcing technology with deep direct materials sourcing expertise, both in the sourcing process itself and in specific commodity areas. The company, which employs approximately 155 people, already has over 7,700 registered buyers and more than 12,000 registered suppliers.

For more information, contact Ariba at 650-930-6200, Web: www.ariba.com, or Holly Allison Supplier Market.com, 10 Mall Road Burlington, MA 01803, 781-273-6700, Fax: 781-273-6800, Web: www.suppliermarket.com.

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